وزير المالية: الاقتصاد السعودي مثال على الصمود والتحول الإستراتيجي والنمو المستدام

The Minister of Finance, Mohammed Al-Jadaan, confirmed that the Saudi economy is an example of resilience, strategic transformation, and sustainable growth, despite the uncertainty facing the global economy.
Al-Jadaan explained, during his participation in the annual meetings of the World Bank and International Monetary Fund for 2025, that the Kingdom's efforts have united behind the clear and long-term Saudi Vision 2030, aimed at achieving economic transformation in the country.
He emphasized the Kingdom's commitment to supporting international and regional stability through its developmental and humanitarian initiatives, pointing out that the global economic reality is characterized by the intertwining of economic shocks and geopolitical challenges, which requires enhancing international cooperation, redefining growth pathways, and strengthening financial safety nets to ensure sustainability.
He noted that addressing global economic challenges necessitates reforming the multilateral trading system rather than isolating from it, with the aim of boosting confidence and long-term investments.

Financial Policies

Al-Jadaan called for the implementation of effective financial policies, supporting financial innovation, and intensifying international cooperation to enhance economic resilience, stressing the importance of raising awareness of the opportunities and risks associated with artificial intelligence, and enabling countries to benefit from it by supporting their infrastructure and developing their human capital.
He indicated that the resumption of the group's cooperation with Syria after settling its arrears represents a pivotal moment as it is an important step towards enhancing regional development.
Al-Jadaan discussed with leaders of international financial institutions and the private sector the most significant global financial and economic developments and ways to enhance joint cooperation.

Enhancing Resilience

For his part, the Assistant Minister of Finance for Macro-Financial Policies and International Relations, Abdullah bin Zar'ah, confirmed that the Kingdom views the Financial Sector Stability Fund as an important tool in helping countries enhance the resilience of their financial systems.
Bin Zar'ah added that the Kingdom supports reforms of multilateral development banks to enhance transparency and expand the horizons of concessional financing, in line with national priorities, while warning against imposing standards that limit the effectiveness of policies and negatively impact financing costs.
It is noteworthy that the Saudi delegation, headed by Minister of Finance Mohammed Al-Jadaan, concluded its participation in the annual meetings of the World Bank and International Monetary Fund for 2025, which were held in the American capital, Washington, from October 13 to 18 of this year.